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About Electrochromic Glass

Electrochromic glass is one of the segments in the line of smart glass sub-categories and falls under the ‘Active Smart Glass’ category, which is controlled automatically or manually and is sensitive to an electrical stimulus. Electrochromic glass is also known as electronically switchable glass and is based on the principle of electrochromism, which translates the mechanism in which the color of the glass changes or results in opacity once the switch is turned on.

The analysts forecast the global electrochromic glass market to grow at a CAGR of 12.31% during the period 2017-2021.

Covered in this reportThe report covers the present scenario and the growth prospects of the global electrochromic glass market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:- Americas- APAC- EMEA

The report, Global Electrochromic Glass Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Market trends- Introduction of transition-metal hydride electrochromic- For a full, detailed list, view the full report

Key questions answered in this report- What will the market size be in 2021 and what will the growth rate be?- What are the key market trends?- What is driving this market?- What are the challenges to market growth?- Who are the Key vendors in this market space?- What are the market opportunities and threats faced by the key vendors?- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

Commenting on the report, an analyst from the research team said: “One trend in the market is introduction of transition-metal hydride electrochromic. An innovative advancement in the global electrochromic glass market is the introduction of electrochromic hydride material that demonstrates unusual properties. For instance, thin Ni-Mg (nickel-manganese) films have a reduced visible transmittance as they demonstrate mirror-like properties.”

According to the report, one driver in the market is robust demand for energy efficient systems. The advancement in nanotechnology, environmental concerns (global warming), and rising pressure on the energy efficiency of buildings has necessitated the application of energy-efficient systems translating into the use of electrochromic glass in different applications, particularly in the construction of buildings. For instance, the buildings in the US account for at least 20%-30% of energy wastage due to inefficiency, with at least 35% of the cooling requirements of a typical building are because of heat gain (solar) through windows. This has fueled the demand for electrochromic glasses, particularly in the Americas.

Further, the report states that one challenge in the market is increasing demand for SPD technology. The global electrochromic glass market faces competition from substitutes such as retro reflective panels and other types of smart glass technology such as SPD. The SPD has impeded the growth of the global electrochromic glass market by staying one step ahead of the benefits that electrochromic glass offers, by offering a range of light-control benefits. When compared with other switchable materials including the electrochromic materials, SPD smart glass offers unparalleled precision and rapid tuning of a window or pane to a required level of transparency within 3 seconds, irrespective of the size of the window.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.